Big Concerts and Discovery partner to bring South Africa exclusive access to music and events
Discovery and Big Concerts today announced a strategic alliance, with Discovery Card becoming the official credit card partner of Big Concerts, South Africa’s leading concert promoter and a part of Live Nation Entertainment, with the goal of connecting fans to their favourite global artists and driving growth of international live touring in South Africa.
Discovery announces capital raise to purchase majority stake in credit card partnership and expansion of life protection business in the UK
Discovery Limited today announced details of the Group’s intention to raise capital to the amount of R5 billion through a fully underwritten, renounceable rights issue. Proceeds of the rights issue will be used to fund growth in adjacent financial markets in South Africa, and to drive further growth in its high-potential protection business in the UK, VitalityLife.